Up to 5-month extension of tax and land rent payment deadlines proposed

Under Resolution No. 148/NQ-CP, the Government assigned ministries and sectors to implement a number of measures to promote economic growth, control inflation, maintain major economic balances, and support production and business activities during the remaining months of 2026.

Notably, the Ministry of Finance has been assigned to study and advise the Government on the promulgation of a policy extending the payment deadlines for value-added tax (VAT), corporate income tax (CIT), personal income tax (PIT), and land rent for up to five months.

The policy will be developed in a manner similar to support measures implemented in 2025, while ensuring that taxpayers fulfill their obligations before December 31, 2026, so as not to affect the implementation of the 2026 state budget estimates.

In addition to this task, the Government assigned the Ministry of Finance to continue studying and proposing appropriate income tax rates for individuals, business households, and small- and medium-sized enterprises in order to encourage production and business activities. At the same time, the Ministry is required to implement comprehensive measures to increase state budget revenues, broaden the tax base, and prevent revenue losses, particularly in e-commerce, digital platform-based business activities, and cross-border services.

The Resolution also states that in the first five months of 2026, state budget revenues were estimated at approximately VND 1.34 quadrillion, equivalent to 53% of the annual estimate and up 15.3% year-on-year. In addition, total import-export turnover reached USD 445.12 billion, registered foreign direct investment (FDI) totaled USD 24.8 billion, and around 142,600 enterprises were newly established or resumed operations.

On that basis, the Government requested ministries and sectors to continue implementing measures to support enterprises and promote economic growth of 10% or more in 2026 in line with the set targets.